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S&P 500 Erases Loss for Week on Earnings, Spending Data
Bloomberg The S&P 500 gained 1.1 percent to 1,794.19 at 4 p.m. in New York, for the largest advance since Dec. 18. The equity benchmark lost 1 percent yesterday as the Federal Reserve decided to reduce its monthly bond purchases by $ 10 billion. The S&P 500 is … US stocks rebound on earnings as consumer confidence increases |